SÃO PAULO, Sept. 23, 2021
/PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL
and B3: GOLL4) ("GOL"), Brazil's largest airline,
announces that its subsidiary GOL Finance, a public limited
liability company (société anonyme) organized under the laws
of Luxembourg, has priced a
US$150.0 million reopening
of its 8.000% senior secured notes due 2026 (the "additional
notes"), as a further issuance of and to be consolidated and form a
single fungible series with GOL Finance's US$200.0 million and US$300.0 million in aggregate principal amount of
8.000% senior secured notes due 2026 issued on December 23, 2020 and May
11, 2021, respectively (together with the additional notes,
the "notes"). The issue price of the additional notes is 100.750%,
representing a 7.728% yield to maturity. Moody's assigned the notes
a rating of B2.
Purchasers of the additional notes will be required to pay
accrued interest from, and including, June 30, 2021 up to, but
excluding, the date the additional notes are delivered, which we
expect will be September 28,
2021.
The notes will mature on June 30,
2026, be callable by GOL on and after December 24, 2022 and be secured by fiduciary
assignments of (i) substantially all of GOL's intellectual
property, including patents, trademarks, brand names and domain
names, and (ii) aircraft spare parts located in Brazil.
The collateral securing the notes, together with certain other
eligible collateral that may be added to the collateral package by
GOL, is available to serve as collateral for other GOL issuances of
secured indebtedness or secured exchangeable indebtedness under
GOL's secured debt issuance program, which is designed to
complement GOL's senior unsecured bond issuances and to make GOL's
capital structure more efficient and diverse.
GOL intends to use the proceeds from the offering of the
additional notes for general corporate purposes, including
opportunistic aircraft acquisitions and working capital.
The notes and related guarantees have not been and will not
be registered under the U.S. Securities Act of 1933, as
amended (the "Securities Act"), and they will only be offered or
sold to (i) qualified institutional buyers (as defined in Rule 144A
under the Securities Act) and (ii) outside the United States to non-U.S. persons pursuant
to Regulation S under the Securities Act.
GOL Investor Relations
ri@voegol.com.br
www.voegol.com.br/ir
+55 (11) 2128-4700
Media Relations
Becky
Nye, Montieth & Company
bnye@montiethco.com
About GOL Linhas Aéreas Inteligentes S.A. ("GOL")
GOL
is Brazil's largest airline,
leader in the corporate and leisure segments. Since its founding in
2001, it has been the airline with the lowest unit cost in
Latin America, which has enabled
the democratization of air transportation. GOL has a strategic
alliance with American Airlines and Air France-KLM, in addition to
making available to customers many codeshare and interline
agreements, bringing more convenience and ease of connections to
any place served by these partnerships. With the purpose of "Being
First for Everyone", GOL offers the best travel experience to its
passengers, including: the largest inventory of seats and the most
legroom; the most complete platform with internet, movies and live
TV; and the best loyalty program, SMILES. In cargo transportation,
GOLLOG delivers parcels to various regions in Brazil and abroad. GOL has a team of 15,000
highly qualified airline professionals focused on safety, GOL's
number one value, and operates a standardized fleet of 127 Boeing
737 aircraft. GOL's shares are traded on the NYSE (GOL) and the B3
(GOLL4). For further information, visit
www.voegol.com.br/ir.
Disclaimer
This press release contains
forward-looking statements that are based exclusively on the
expectations of GOL's management. Such forward-looking statements
depend substantially on external factors, in addition to the risks
disclosed in GOL's filed disclosure documents and are, therefore,
subject to change without prior notice.
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SOURCE GOL Linhas Aéreas Inteligentes S.A.